Illinois General Assembly - Bill Status for HB3965
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 Bill Status of HB3965  101st General Assembly


Short Description:  INS-SUPPLIER DIVERSITY REPORT

House Sponsors
Rep. Emanuel Chris Welch, William Davis and Jonathan "Yoni" Pizer

Last Action
DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
215 ILCS 5/155.47 new


Synopsis As Introduced
Amends the Illinois Insurance Code. Requires every insurance company authorized to do business in this State or accredited by this State with assets of at least $50,000,000 to submit an annual report on its voluntary supplier diversity program to the Department of Insurance. Sets forth provisions on what the report must include and how and when the report must be submitted. Provides that, for each report, the Department shall publish the results on its Internet website for 5 years after submission. Requires the Department to hold an annual insurance company supplier diversity workshop in February of 2021 and every February thereafter to discuss the reports with representatives of the insurance companies and vendors. Provides that the Department shall prepare a template for voluntary supplier diversity reports. Effective immediately.

Actions 
DateChamber Action
  11/13/2019HouseFiled with the Clerk by Rep. Emanuel Chris Welch
  11/13/2019HouseFirst Reading
  11/13/2019HouseReferred to Rules Committee
  2/18/2020HouseAssigned to Insurance Committee
  2/19/2020HouseAdded Co-Sponsor Rep. William Davis
  3/3/2020HouseDo Pass / Short Debate Insurance Committee; 019-000-000
  3/4/2020HousePlaced on Calendar 2nd Reading - Short Debate
  5/22/2020HouseAdded Co-Sponsor Rep. Jonathan "Yoni" Pizer
  6/23/2020HouseRule 19(b) / Re-referred to Rules Committee
  1/13/2021HouseSession Sine Die

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